only use the interest compounding method (not the simple method) Carl has a claim to 21,600 dollars that can only be withdrawn from Bank of America 10 years from now. Unfortunately, he needs cash right away to pay his credit card bill. Given that his money claim is payable to anyone holding such title, Carl is thinking about selling it to his father, who is kind enough to pay the fair value of that title today. Assuming annual compounding and that the prevailing interest rate for similar financial assets is 5.22% per year, how much money will Carl receive from his father? (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas)